Question: Rona Corp.s 2010 alternative minimum taxable income was $200,000. The exempt portion of Ronas 2010 alternative minimum taxable income was a. $0 b. $12,500 c.

Rona Corp.’s 2010 alternative minimum taxable income was $200,000. The exempt portion of Rona’s 2010 alternative minimum taxable income was

a. $0

b. $12,500

c. $27,500

d. $52,500

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